Some early buying of USD/JPY in Tokyo this morning

No fresh news hitting the wires ... but we donlt need news for moves

Yesterday we got a huge surge in USD/JPY in the Tokyo morning, accompanied by Nikkei buying (on the futures)

Stock indices are already pointing north today

China is out on holiday, so we can expect no negatives along the lines of big China stock market plunges (at least until Monday, amIright?)

120.50 had been a cluster of sellers, which has been taken out, next level is 120.90/00:

120.40/50 should act some support for now